Savings

Regular Savings Account*

First National Bank of the South’s Regular Savings account is a great way to start saving for your future, be it for that next special trip or maybe your child’s collegiate future!

Interest bearing account
Minimum balance to open the account: $50.00
Maintain a minimum daily balance of $300 to avoid a $10 quarterly service fee
Three withdrawals per quarter can be made at no fee, with a $3 fee for each additional withdrawal per quarter

Certificates of Deposit and Individual Retirement Accounts

Certificates of Deposit (CDs) and Individual Retirement Accounts (IRAs) are great ways to start saving for your future. With a variety of terms and great interest rates, First National Bank of the South wants to help your money work for you. So, whether you're just saving money for vacation or future home renovations, or want to open an IRA for retirement, we can help.

We also offer two relatively new types of IRAs - Roth and Educational IRAs - which may be of benefit to you. With a Roth IRA, contributions to your Roth IRA are not tax-deductible but your interest earned is tax-deferred. With the Educational IRA for post high school education expenses, you are allowed to take tax-free distributions from the account after five successive tax years when you met certain criteria. To find out more, visit one of our bank offices.

If you are 55 years of age or older, you qualify for special CD rates. Monthly interest checks are available on most First National Bank of the South Certificates of Deposit.

SEP Plans (Simplified Employee Pensions)

The Sep is a great type of IRA set up to allow contributions by your employer, which may be considered a deductible expense for tax purposes. We recommend you visit a tax advisor to discuss your personal tax situation before starting a Simplified Employee Pension plan.

Contact Us regarding your Personal Financial Needs.

*Federal regulations limit transactions from your account including preauthorized transfers, overdraft transfers made by personal computer (including bill pay), or telephone (including facsimile or data transmission) to six per month, and no more than three transactions may be third party checks, drafts, or debit card.

Contact Us

Main Office

(478) 454-1000
(800) 318-4715

Downtown Office

(478) 414-1500
(800) 318-4715

Lake Oconee Office

(706) 485-4500
(800) 318-4715